IC72 MOTOR INSURANCE EXAM - 23

Que. 1 : Q1) Temporary permit is issued under Section 87 of Motor Vehicles Act, 1988 to transport vehicle for a limited period, enabling the vehicle to go outside for

   1.  a) for the purpose of religious gatherings

   2.  b) to meet a particular temporary need

   3.  c) Pending decision on an application for the renewal of a permit

   4.  d) All of the above

Que. 2 : Q2) The courts in India have uniformly deprecated the tendency of the State to raise plea of ___________.

   1.  a) Criminal trail

   2.  b) Vicarious liability

   3.  c) Sovereign Immunity

   4.  d) Apportionment

Que. 3 : Q3) Which of the following factors are considered in compensation payable?

   1.  a) Contributory negligence

   2.  b) Earning capacity

   3.  c) Extent of negligence on the part of one vehicle or the other, are relevant factors for computation of damages

   4.  d) All of the above

Que. 4 : Q4) In case of a private car package policy, the insured may authorize repairs necessitated by damage caused under policy provided estimated cost of such repairs does not exceed:

   1.  a) Rs. 1000

   2.  b) Rs. 500

   3.  c) Rs. 250

   4.  d) Rs. 1200

Que. 5 : Q5) Which of the following are rewards of higher quality produce include?

   1.  a) Greater customer loyalty

   2.  b) Higher returns to shareholders

   3.  c) Greater productivity

   4.  d) All of the above